24 South St APT 38, Medford, MA, 02155 | $213/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Medford at 24 South St APT 38, Medford, MA, 02155 offers a 8.13% rental yield on a $449,900 purchase with $3,049/mo rent. Total monthly income registers $3,049/mo, and a $2,202/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,561/yr on $149,142 to close, and return on cash invested stands at 21.63% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 112.21% and total cumulative return in cash at $167,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,049/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1985

1 sqft lot

$N/A/sqft

No HOA